Following one of the most historic boom-turned-busts in U.S. housing market history, Downtown Miami’s condo collapse has given way to new demand for urban living in an area previously considered to be a 9-to-5 business district. A new Residential Closings and Occupancy study by Goodkin Consulting/Focus Real Estate Advisors has found that 74% of the 22,079 residential units built in Downtown Miami since 2003 are currently occupied. This reflects a 12 percentage-point increase over the 62% occupancy rate reported in a similar baseline study completed in May 2009. Both reports were conducted in partnership with the Miami Downtown Development Authority (DDA).